Gold Hunter #20240722

Gold :1st_place_medal: retreated deeply last week, and the intraday covering momentum may be stronger than non-US currencies.

:white_check_mark:Trading strategy: Go short at highs, tend to arrange high-level short trading in the resistance area near 2420.
:white_check_mark:Resistance reference: 2419.59 (intraday watershed), 2440.01
:white_check_mark:Support reference: 2396.00 (break through and chase short); 2466.73
:white_check_mark:Technical aspect: Gold trend has retreated at this stage after the intraday gap-up opening, but it is still possible to test the dense trading resistance area near 2420 above.

:arrow_right:XAUUSD 1-hour chart :1st_place_medal:

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